The acquisition is expected to set the bar for bitcoin miners looking to pivot to AI, Bernstein analyst Gautam Chhugani told Reuters, adding that power remains the biggest constraint for AI data center expansion.
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CoreWeave to buy Core Scientific in $9 billion deal to meet AI power needs
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Gautam Chhugani, Bernstein analyst, said that the acquisition deal between CoreWeave and Core Scientific could set a new benchmark for bitcoin miners pivoting to AI.
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